Do Auctioneers Make a Lot of Money?

How Much do Auctioneers Make? Auctioneers typically receive 10% to 15% commission on gross sales. Specialized auctioneers in fine art and livestock can make six figures. Most auctioneer part-time alongside a full-time job. Their average annual income nears $50,000. Auction Fees and Income Initial seller consultations are typically free. The company Everything But the House … Read more

What Is Purchases Subject to Use Tax?

Overview of Use Tax Use tax applies to online purchases, out-of-state purchases, purchases while traveling when sales tax was not collected. Use tax rates vary by state. Rates are often equal a state’s sales tax rate. Individuals and businesses that purchase items subject to use tax must pay the tax. If use tax is not … Read more

What Is the Rule on Dietary Supplements?

Overview of Dietary Supplements A dietary supplement is a product taken by mouth containing a dietary ingredient intended to supplement the diet, including vitamins, minerals, herbs or other botanicals, and amino acids. Regulation of Dietary Supplements covers marketing, manufacturing, labeling, and advertising enforced by FDA and the Federal Trade Commission. Regulatory Requirements for Dietary Supplements … Read more

Are Services Exempt From Sales Tax in Kentucky?

Sales Tax Exemptions in Kentucky Kentucky has a sales tax holiday that exempts clothing, footwear, and school supplies priced at $100 or less per item from sales tax for three days in August. Food and ingredients are exempt from sales tax, except for specific items. Sales Tax Obligations for Businesses Businesses providing newly taxable services … Read more

How Do You Put Powder in a Capsule?

How Capsule-Filling Machines Work Capsule-filling machines usually come with plastic cards to fill capsules. Size 00 or 0 capsules hold 500-735mg powder. The powder or formulation is loaded into the machine’s powder hopper. Capsules are filled by admitting powder, aided by filling rings. Filling Capsules Manually To fill capsules manually, admit powder into capsule bodies … Read more

Is the Supplements Industry Growing?

Overview of Dietary Supplements Market Growth The dietary supplements market is growing significantly and is projected to reach $325 billion by 2030. Asia Pacific leads the market, with North America also experiencing substantial growth. Online sales have the highest revenue share, driven by increasing awareness of supplements. Trends in Sports Nutrition In 2022, the sports … Read more

How Do You Sell Supplements on Instagram?

How to Sell Supplements on Instagram Learn how to sell supplements on Instagram. Instagram is very powerful for a supplement brand, if approached correctly. Use high-quality images/videos, engaging captions, relevant hashtags and be active. Before selling supplements, get a product that sells great and is affordable. SMP Nutra offers design services to make your supplement … Read more

What Are the Cheapest Woods?

Cheapest Types of Wood Maple Poplar Alder White oak Beech Pine Maple: Maple is one of the most common woods among woodworkers because of its affordability and availability. Poplar: Poplar comes in at a close second for affordability. Pine: Pine is generally considered to be the cheapest type of wood due to its fast growth. … Read more

Is Milling Lumber Profitable?

Importance of a Portable Sawmill For a source of lumber, as well as a profitable business, a portable sawmill can be a key piece of equipment on your farm. Profit Potential of Owning a Sawmill Running a sawmill is not a get-rich-quick venture. However, if you’re willing to be patient, develop your ability, and employ … Read more

Why Is Myrtle Beach Famous?

Overview of Myrtle Beach Myrtle Beach is renowned for its warm climate, miles of beaches, golf courses, and restaurants. Often called the golf capital, Myrtle Beach has approximately 90 quality courses designed by legends. The area attracts over 20 million visitors each year. Attractions and Highlights The 187-foot SkyWheel offering views of the ocean Lively … Read more